Interest rates are on the rise! Buyers beware!
Interest rates are going high nowadays and this video, Here are some information about it and what home buyers should do.
When Interest rates are up, the Buying power goes down. It means, You as buyer can have a chance to get approved for less amount of money due to the interest rate increase.
So if you are planning to buy a property, best advice is You should start thinking about it now or else your buying power will shrink over the next coming years. In short, don’t wait too long to think about buying a house or a property.
If you have any questions or concerns about Real Estate, Feel free to contact us at 316-365-7767 or visit our website at www.LHrealestatepros.com
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